Published on 29 Apr 08
by VICTORIAN DIVISION, THE TAX INSTITUTE
This paper covers:
what trust cloning is
when it might be used and by whom
what the Australian Taxation Office (ATO) has said about it
whether the author considers the ATO to be right and how to work around the ATO's rules.
Paul of Mutual Trust, has over 30 years experience in
advising high-wealth families, closely held businesses and accounting
and legal firms on tax, asset protection and estate and succession
planning. He has particular expertise in litigation support and property
development. Paul started his career with the ATO and has worked
in major legal and accounting firms. Prior to joining Mutual Trust, he
was a Tax Partner at Deloitte Private for several years. For a number of
years, Paul has been a regular author and speaker on taxation matters,
particularly in relation to tax aspects of business and investment
structuring, estate and succession planning and salary packaging.
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.